VideoCrisp shortlisted for the Electric Ireland 2012 Spark of Genius Award

VideoCrisp, which has developed a cloud-based video creation tool, is among the finalists announced for The Electric Ireland Spark of Genius Competition.

The competition, which has a prize fund worth €100,000, is now in its third year and focuses on the most promising high potential start-up companies. Over 1,000 start-ups, from 36 countries entered this year’s competition and these entries have now been shortlisted to the final 100, including VideoCrisp.

 
Abhinav Chugh, founder, VideoCrisp

These 100 start-ups now have the opportunity to pitch to leading international investors, industry leaders, start-up experts at the forthcoming Dublin Web Summit. The winner of the competition will be announced at the Summit on 18 October.

VideoCrisp, which was founded by Abhinav Chugh in 2011, is based at NovaUCD, the Centre for Entrepreneurs and New Ventures at University College Dublin. Abhinav is an MBA graduate from the UCD Michael Smurfit Graduate Business School.

VideoCrisp is primarily designed for small businesses to enable them to create high-quality professional videos in just a few clicks. VideoCrisp empowers users to create content rich videos in a few minutes without any technical knowledge or experience of video creation/ editing.

Announcing the shortlist, Paddy Cosgrave, CEO, Dublin Web Summit said, "We see this competition as an incredible platform for Irish start-ups to pitch to the world’s top investors and media. This is the third year of the Electric Ireland Spark of Genius Award and we have received a 5 fold increase, almost 1,000 applications this year. The finalists will present from one of four separate stages – social, mobile, consumer and enterprise - to judges of investors, industry and start-up experts. We've seen a huge increase in the numbers of start-ups at this October’s Summit with over 250 start-ups exhibiting. Of the 3,000 attendees at the summit, over half will come from outside of Ireland."

Click here for the complete list of finalists.

ENDS

28 September 2012

For further information contact Micéal Whelan, University College Dublin, Communications Manager (Innovation), e: miceal.whelan@ucd.ie, t: + 353 1 716 3712.